Learning to Excite

Jun 1, 2005

People often say that Latin America's relevance to the
capital markets and the global economy is shrinking and, as a
result, investment banks and investors aren't nearly as
interested in the region as they once were. Asia is where all
the excitement and big capital market deals are
happening.

As the gigantic US investment banks get bigger, the harder
it becomes to interest top management in the region or to
attract talent to work in Latin America. Some countries (Chile,
Colombia, Peru, Ecuador) have GDPs that are not much greater
than the annual revenues of a large US corporation, and one
old-timer on Wall Street said recently that the...